8.11 BTC Market Analysis

Direction: After a sharp decline from the high, the price is building a base while fluctuating at low levels. Rebounds are facing clear resistance, so the short-term focus remains on shorting rebounds.
Short: Around 64300‑64600, stop loss above 64900, targets 63700/63400.

After BTC surged to a high of 65482.7, heavy selling pressure emerged, driving a sustained downward move. The price dipped as low as 63808 and is currently at 63987.4. After the decline, the price entered a low-level narrow-range consolidation and recovery phase. Short-term moving averages are sup

🌈 #GateLiveStreamingInspiration - Aug.11
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Today's Topic Recommendations:
🔹 U.S.–Iran talks hit a deadlock! Oil prices surge 5%, while semiconductor and optical communications sectors plunge, how should markets respond?
🔹 Jensen Huang responds to AI funding doubts! $INTCbillion in demand is real, can AI infrastructure keep accelerating?
🔹 All three major U.S. indexes close lower! Intel drops 4%, when will the tech stock correction end?
🔹 Grok 4.6 leaked ahead of launch! Musk announces it will

8.11 Dong Yan: Five major positive catalysts converge, and gold is expected to continue surging!$XAUUSD $GT

2017 to 2027—the global financial revolution is happening.
For the past decade, banks around the world have been trying to block crypto.
From canceling the bank accounts of crypto companies and preventing retail customers from sending money to crypto exchanges, to blocking regulatory efforts and everything in between.
Despite their efforts, millions of people around the world are buying, holding, and trading it. A now unstoppable multi-trillion-dollar market.
If you block it in one region, it doesn't matter—we'll just buy it from another region.
The CLARITY Act represents the final battle, the

#CLARITYActVoteWindowClosing
September 15 could become the biggest crypto regulation test of 2026
The U.S. Senate has now put the CLARITY Act back on the calendar, with a critical procedural vote scheduled for September 15.
But this is not yet the final vote on the bill.
Senate Majority Leader John Thune has filed cloture on the motion to proceed, meaning senators will first decide whether the legislation can move forward to formal Senate consideration. That step requires 60 votes, making bipartisan support the key factor.
The timing is becoming increasingly important.
The Senate has already

$BTC is currently around $64,040, having retreated from yesterday’s high of around $65,400, but it is now right near the $64,000 support, so chasing shorts directly at the support level is not recommended.
Focus on these levels: $64,000: immediate support; $63,300–$62,600: the first target after $BTC breaks below $64,000; $62,000–$60,000: the true core support zone; $64,800–$65,500: rebound resistance; if $BTC regains a firm foothold above $65,500: the short-term bearish thesis will weaken significantly.
More reasonable conditions for a short position: a valid break below $64,000 on the 1-h

Today is Tuesday, August 11, 2026.
I. News
Macro: The Fed's September policy divergence is intensifying—44.6% of traders are betting on a 25 bp rate hike, while 54.2% are betting on rates remaining unchanged. The prolonged high-interest-rate environment continues to suppress crypto risk-asset valuations. U.S. inflation data will be released today, representing the biggest macro variable of the week.
Geopolitics: Tensions in the Strait of Hormuz have escalated again, with Iran stating that it "will not return to the prewar state"; oil prices surged 5% in a single day. Trump said, "If they want

I dress like a bum every day and I often wear the same outfit with holes multiple days in a row.
People have no idea I’m putting up these type of numbers every single day.
There’s lessons in that…

🗓 Gate Daily Market Digest – Aug 11 (https://www.gate.com/share/BESTDEAL)
📈 Market Update
🔷BTC at $64,043, pulled back after retesting $65,477 (–1.73%)
🔷ETH at $1,876, retraced after retesting $1,940 (–2.06%)
🪙 Project News
🔷Aster Burns $1.7M, Supply Cut Hits 3.78%
🔷Flowdesk Gets VARA for UAE Expansion
🔷Grayscale Withdraws ADA, HBAR, DOT Filings
🔷Keel Exits Mining, Pivots to AI & HPC Data Centers
🔷Movement, El Vecino & RISE Launch Digital Dollar Wallet
🔷OCEAN Pledges BTC Refunds After Chain-Split Error
🔷Optimism to Review OP Buyback Program After 12 Months
🔷Revolut Wins French Ban

#PLTR##帕兰蒂尔# The 176.94 upside target was reached perfectly. The wave pattern is also clear. Figure 2 shows the future move. $PLTRX ‌

$$DRIFT was still at 0.014 half an hour ago, and now it has been slammed straight down to 0.0116, a drop of nearly 18%—like buying fresh pork in the morning only to see it marked down 20% by noon. This coin is now like fish at the market right before closing: it looks cheap, but you have no idea whether it’s fresh.
Let’s be clear: 24-hour trading volume is only $3.4 million. For a listed coin, that’s a corner store’s daily turnover, and even whales can’t get out smoothly. The price plunged straight down from the high of 0.0141 and is now scraping along near the low of 0.0113, like walking a t

$PUMP It’s time to set a higher target for PUMP, because reaching $0.003 is completely possible, and it could pump even higher! This week will be PUMP’s week! Long setup.
Entry: $0.0027 - $0.00275
TP: $0.0029 - $0.00305 - $0.0032 - $0.0034 - $0.0036 - $0.004
SL: $0.00244

#pi
The Pi team has long emphasized ecosystem development, hoping that Pi will not merely be a tradable asset but can also be used in practice for applications, goods, and services. At present, a number of Pi ecosystem applications are already running and being tested.

8.11 Gold Morning Analysis
Gold prices came under pressure and pulled back after surging to 4395. Multiple attempts to move higher failed to break a new high, with clear stagnation at elevated levels, weakening bullish momentum, and the market's center of gravity gradually shifting lower. The risk of a high-level pullback is increasing. The short-term rebound is merely a technical correction and may be a bull trap; chasing the rise is not advisable.
Resistance above: 4390–4400, strong resistance at 4420; support at 4380 and 4350, with deeper support at 4330.
Short 4400–4420 in batches on a reb

Tether Treasury burned 1.75 billion USDT on Ethereum, worth approximately $1.75 billion

#CLARITYActVoteWindowClosing
CLARITY Act Vote Window Closing, What It Means for Crypto Markets
The U.S. Senate has closed the immediate August window for advancing the CLARITY Act, but this should not be interpreted as the end of the legislation. Instead, the bill has moved into a more important September phase, with Senate Majority Leader John Thune filing a cloture motion that sets up a September 15 vote on the motion to proceed. This distinction matters because the September vote is not the final passage vote. It is a procedural step that determines whether the Senate can move forward with